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GUIDEWIRE POLICYCENTRE PROFFESIONAL EXAM LATEST 2025
ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
What is Existence - ANSWER-How does the coverage appear to
the user? (Suggested, Electable, Required)
Clauses and subclauses - ANSWER-These are groups of
coverages
A clause can have 1 or 0 parents clauses
A clause can have multiple subclauses of multiple levels
Coverage Table - ANSWER-Each coverage is associated with a
coverage lookup table storing availability criteria for coverages
A coverage table has a set number of columns for each term
type (the number of coverage terms is limited to the number
of columns for that type (devs can add columns to extend the
table)
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Use product designer to specify the column of the coverage
table in order to map the term to the column
Schedules - ANSWER-Lists of detailed info about an insured
coverables (ex. list of jewellery)
Generic Schedule - ANSWER-data model that stores schedule
info in a generic way
can be easily created and edited in Product Designer and can
be defined in Product Model XML files
Steps to add a generic schedule to LOB (3) - ANSWER-1. Create
a generic schedule data model for line
2. Configure scheduled clauses and properties in the product
model, using Product Designer
3. Configure the schedule UI if you want to change how it looks
and operates
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Ways to configure availability in product model - ANSWER-1.
Lookup tables (to determine initial set "S" of available entities
2. Availability Scripts (Script must return "True" or "False" after
passing available entities through
3. Grandfathering
4. Offering
Which patterns do NOT have availability logic - ANSWER-Policy
lines (because they are so closely tied to the product itself)
Which patterns do NOT have Grandfathering Logic - ANSWER-
Product and Policy Line
Which Products have Offerings in the base configuration (5) -
ANSWER-1. Business Owners
2. Commercial Auto
3. Commercial Package
4. General Liability
5. Personal Auto
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What is a Rate Modifier? - ANSWER-A value that the rating
engine uses to justify the policy premium, or some portion of the
premium
What is a Modifier Pattern? - ANSWER-Affects the rating of
coverages. Creates an instance of a modifier that affects the cost
of a policy
What is a Schedule Rate Modifier - ANSWER-A specific type of
modifier that provides credit or debits within established value
ranges
What is a contingency? - ANSWER-Sometimes a policy is opened
but issuance is dependent on the delivery of another piece of info
(ex. report card)
Actions related to a Contingency (3) - ANSWER-1. Changing the
policy
2. Cancelling the policy
GUIDEWIRE POLICYCENTRE PROFFESIONAL EXAM LATEST 2025
ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
What is Existence - ANSWER-How does the coverage appear to
the user? (Suggested, Electable, Required)
Clauses and subclauses - ANSWER-These are groups of
coverages
A clause can have 1 or 0 parents clauses
A clause can have multiple subclauses of multiple levels
Coverage Table - ANSWER-Each coverage is associated with a
coverage lookup table storing availability criteria for coverages
A coverage table has a set number of columns for each term
type (the number of coverage terms is limited to the number
of columns for that type (devs can add columns to extend the
table)
,2|Page
Use product designer to specify the column of the coverage
table in order to map the term to the column
Schedules - ANSWER-Lists of detailed info about an insured
coverables (ex. list of jewellery)
Generic Schedule - ANSWER-data model that stores schedule
info in a generic way
can be easily created and edited in Product Designer and can
be defined in Product Model XML files
Steps to add a generic schedule to LOB (3) - ANSWER-1. Create
a generic schedule data model for line
2. Configure scheduled clauses and properties in the product
model, using Product Designer
3. Configure the schedule UI if you want to change how it looks
and operates
,3|Page
Ways to configure availability in product model - ANSWER-1.
Lookup tables (to determine initial set "S" of available entities
2. Availability Scripts (Script must return "True" or "False" after
passing available entities through
3. Grandfathering
4. Offering
Which patterns do NOT have availability logic - ANSWER-Policy
lines (because they are so closely tied to the product itself)
Which patterns do NOT have Grandfathering Logic - ANSWER-
Product and Policy Line
Which Products have Offerings in the base configuration (5) -
ANSWER-1. Business Owners
2. Commercial Auto
3. Commercial Package
4. General Liability
5. Personal Auto
, 4|Page
What is a Rate Modifier? - ANSWER-A value that the rating
engine uses to justify the policy premium, or some portion of the
premium
What is a Modifier Pattern? - ANSWER-Affects the rating of
coverages. Creates an instance of a modifier that affects the cost
of a policy
What is a Schedule Rate Modifier - ANSWER-A specific type of
modifier that provides credit or debits within established value
ranges
What is a contingency? - ANSWER-Sometimes a policy is opened
but issuance is dependent on the delivery of another piece of info
(ex. report card)
Actions related to a Contingency (3) - ANSWER-1. Changing the
policy
2. Cancelling the policy
